Economy

GoPro, Inc. (GPRO) Upgraded to Hold by BidaskClub

On August 4 the company was changed to a "Market Perform" according to a Raymond James report a boost from the previous "Market Perform" rating. On November 9 the stock rating was downgraded from " to "Sell" in an announcement from Dougherty. Bank of America Corporation reaffirmed an underperform rating and set a $7.00 target price (down from $8.00) on shares of GoPro in a research report on Monday, June 5th.

On July 31 the company was upgraded to "Equal-Weight" from "Underweight" in a statement from Morgan Stanley. Zacks Investment Research lowered GoPro from a "buy" rating to a "hold" rating in a research note on Tuesday, May 16th.

It is now trading at $10.16 which is a tad above the 50 day moving average which is $8.31 and which is marginally higher than the 200 day moving average of $8.65. On November 9 the stock rating was downgraded from "Outperform" to "Market Perform" by Raymond James. Finally, J P Morgan Chase & Co reaffirmed a "buy" rating on shares of GoPro in a report on Friday, August 4th.

Finally, BidaskClub lowered GoPro from a "sell" rating to a "strong sell" rating in a report on Thursday, July 27th.

05/31/2017 - GoPro Inc had its "hold" rating reiterated by analysts at Wedbush.

Beta is also an important valuation ratio for analyzing the stock of the company, GPRO has its industry and Sector's beta remains at 1 and 1.29 respectively.

04/28/2017 - GoPro Inc had its "hold" rating reiterated by analysts at Stifel Nicolaus. On Wednesday, October 14 the stock rating was downgraded by Piper Jaffray to "Neutral". Also, it has an estimated price-earnings (P/E) multiple of 8.47.

03/16/2017 - GoPro Inc had its "underperform" rating reiterated by analysts at Robert W. Baird. They now have a $9.04 price target on the stock.

7/5/2017 - GoPro was upgraded by analysts at Vetr from a "buy" rating to a "strong-buy" rating. 5,056,736 shares of the stock traded hands.

Receive GoPro Inc News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoPro Inc with MarketBeat.com's FREE daily email newsletter. Its book value per share for the most recent quarter is $2.3 while its price to book ratio for the same period is 4.42, as for as the company's cash per share for the most recent quarter is $1.24, however its price to cash per share ratio for the same period is 8.18.

Previously Gopro Inc Cl A Cmn (NASDAQ:GPRO) reported $-0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.25 by $0.16.

Shares of GoPro (NASDAQ GPRO) opened at 10.16 on Monday. During the past couple of weeks, GPRO average daily volatility was 75.59%, which is -33.53 percentage points higher than the average volatility over the past 100 days. The company has market cap of $1.48 billion. GoPro has a 1-year low of $7.14 and a 1-year high of $17.68.

GoPro Inc (NASDAQ:GPRO) has declined 3.73% since August 9, 2016 and is downtrending. The company reported ($0.14) EPS for the quarter, topping analysts' consensus estimates of ($0.34) by $0.20. GoPro had a negative return on equity of 38.52% and a negative net margin of 27.88%. The business's quarterly revenue was up 34.3% on a year-over-year basis. On average, equities research analysts expect that GoPro will post ($0.04) EPS for the current fiscal year.

In other GoPro news, Director Anthony John Bates sold 41,076 shares of the business's stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $8.49, for a total value of $348,735.24. Following the completion of the transaction, the director now directly owns 142,011 shares of the company's stock, valued at approximately $1,205,673.39. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Gopro Inc Cl A Cmn (NASDAQ:GPRO)'s trailing twelve month revenues are $1.22 Billion, whereas its price to sales ratio for the same period is 1.



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